Explain the following terms/concepts.

1) Top level management
1) The top level management decides the long term objectives of organization, frames plans and policies and take decisions.
2) It consists of Board of Directors, Managing Director, CEO, President, etc.

2) Middle level management
1) The middle level management is a link between top level and lower level management.It works under top level management. This level is considered with implementation of plans and policies in the organization with the help of lower level management.
2) It consists of Head of Departments / Branch managers / In charge, etc.

3) Lower level management
1) This is the last level of management. It is a supervisory level of management. It consists of superintendents, supervisors foremen and junior executives.
2) Lower level management receives instructions from the authorities i. e. middle level management and direct subordinates wherever necessary.